 A state-owned business report Asian shares have surged as blunt diplomatic talks between Russia and Ukraine buoyed sentiment although analysts warned the rally could be susceptible to a sharp reversal as risks remain. The Hong Kong stocks opened sharply higher and faster while the benchmark Hong Kong sent in debt climbing 2.32 per cent to a 21,106.57 point. Similarly, Japan's Nikkei 225 opened up 1.58 per cent at 25,108.47 point. Russia's foreign minister Sujai Lavrov arrived in Turkey ahead of blunt talks on Thursday while the Ukrainian counterpart Demetro Koleber for what will be the first meeting between the two since Russia invaded Ukraine two weeks ago.